Australian Vintage posts $7.7 million net profit 4:41

South Australian wine company Australian Vintage has posted a net profit of $7.7 million on revenue of over $264 million.
The result marks an increase of 79 per cent and 16.9 per cent from last year with an aim to increase their footprint globally for all brands.
Australian Vintage Chief Executive Neil McGuigan has told Sky News Business the brand is evolving from a bulk wine producer to a quality branded wine company.

August 30th 2018

6 months ago

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I need a dinghy and a straw … Picture: L’enoteca Zanardo Giussano/FacebookSource:Facebook

A VIDEO has emerged online that’s leaving wine lovers all over the world shaken to their core over the disturbing six-second footage.

A winery in Conegliano, in Italy’s Veneto region, suffered a devastating loss of 30,000 litres of prosecco when one of its fermentation tanks exploded.

The video was posted to the L’enoteca Zanardo Giussano winery’s Facebook page and shows a waterfall of wine flowing out of a huge silo.

The tank was too full causing it to burst and spill all of the precious liquid inside.